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Oregon’s flagship health care facility reports strong investment income and investment portfolio growth help to provide a backstop as expenses rise.
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Developing the initial list, which likely will be fine-tuned later, is another step in the process of trying to keep the annual growth in health care spending below 3.4%.
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State officials say extra federal money has covered the extra cost so far, but that it may not be sufficient in the second half of this year.
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Under Oregon’s certificate of need process, critics and supporters will likely put the 100-bed project in Wilsonville, first proposed in 2016, under a microscope.
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But hospital leaders say last year’s temporary boost from the federal CARES Act bailout conceals continuing financial shortfalls at Oregon hospitals.
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The nonprofit system warns that the strike by the 150-member work group “threatens public health and safety of the community,” but fails to persuade a federal judge to bar the walkout.
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Other states have set minimums for hospital groups but Oregon is the first to set levels for individual hospitals, which have profited from the expansion of Medicaid.
President Joe Biden created the special enrollment period between Feb. 15 through May 15 to help those who've lost their insurance as a result of the COVID-19 pandemic and its economic fallout.
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The institution also said in a presentation prepared for its board that it is moving toward “making OHSU an anti-racist organization.”
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The insurer’s commercial arm violated state-mandated deadlines nearly 4,500 times when members or providers contested denials of service.
